CELSIUS HOLDINGS INC. - 1H - Technical analysis published on 02/05/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 51.72 USD
My targets
49.09 USD (-3.50%)
46.28 USD (-9.02%)
My analysis
CELSIUS HOLDINGS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 51.72 USD. The next support located at 49.09 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 46.28 USD. Below this support, sellers could then target 41.52 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
7.1
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This analysis was given by ppires. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CELSIUS HOLDINGS INC. rating is 50.87 USD. The price registered a decrease of -4.65% on the session and was between 50.29 USD and 53.00 USD. This implies that the price is at +1.15% from its lowest and at -4.02% from its highest.50.29
53.00
50.87
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of CELSIUS HOLDINGS INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 36.02 | 41.52 | 49.09 | 50.87 | 51.72 | 53.03 | 54.02 |
| Change (%) | -29.19% | -18.38% | -3.50% | - | +1.67% | +4.25% | +6.19% |
| Change | -14.85 | -9.35 | -1.78 | - | +0.85 | +2.16 | +3.15 |
| Level | Intermediate | Minor | Major | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 48.68 | 49.79 | 51.57 | 52.68 | 54.46 | 55.57 | 57.35 |
| Camarilla | 52.56 | 52.82 | 53.09 | 53.35 | 53.62 | 53.88 | 54.15 |
| Woodie | 49.02 | 49.96 | 51.91 | 52.85 | 54.80 | 55.74 | 57.69 |
| Fibonacci | 49.79 | 50.89 | 51.58 | 52.68 | 53.78 | 54.47 | 55.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.28 | 47.87 | 50.61 | 52.20 | 54.94 | 56.53 | 59.27 |
| Camarilla | 52.16 | 52.56 | 52.95 | 53.35 | 53.75 | 54.14 | 54.54 |
| Woodie | 46.86 | 48.16 | 51.19 | 52.49 | 55.52 | 56.82 | 59.85 |
| Fibonacci | 47.87 | 49.52 | 50.55 | 52.20 | 53.85 | 54.88 | 56.53 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32.97 | 41.21 | 45.56 | 53.80 | 58.15 | 66.39 | 70.74 |
| Camarilla | 46.44 | 47.59 | 48.75 | 49.90 | 51.05 | 52.21 | 53.36 |
| Woodie | 31.02 | 40.24 | 43.61 | 52.83 | 56.20 | 65.42 | 68.79 |
| Fibonacci | 41.21 | 46.02 | 48.99 | 53.80 | 58.61 | 61.58 | 66.39 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 40.80 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | -10.49 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 51.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.65 | |
| Elder Ray (13): | -0.91 | |
| Super Trend (3,10): | 53.25 | |
| Zig ZAG (10): | 50.78 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 22.03 | |
| TEMA (21): | 52.04 | |
| Williams %R (14): | -86.00 | |
| Chande Momentum Oscillator (20): | -0.55 | |
| Repulse (5,40,3): | -1.6500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 5.26 |
| MA7: | 51.51 | |
| MA20: | 54.96 | |
| MA50: | 53.41 | |
| MA100: | 54.80 | |
| MAexp7: | 51.68 | |
| MAexp20: | 51.72 | |
| MAexp50: | 52.09 | |
| MAexp100: | 53.09 | |
| Price / MA7: | -1.24% | |
| Price / MA20: | -7.44% | |
| Price / MA50: | -4.76% | |
| Price / MA100: | -7.17% | |
| Price / MAexp7: | -1.57% | |
| Price / MAexp20: | -1.64% | |
| Price / MAexp50: | -2.34% | |
| Price / MAexp100: | -4.18% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on CELSIUS HOLDINGS INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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